Saturday, August 30, 2008

The bottom line on ANWR:We can, in a VERY environmentally friendly manner,develop 1/100th of 1% of ANWR and get, in return,an estimated 48% increase in our proven oil reserves.All that and LOTS more is documented and substantiated below.

Additionally, the data prove that ANWR alonecould have prevented the price spikes of 2008.

Click here and listento common sense on ANWRfrom Governor Palin of Alaska.

Thursday, August 28, 2008

The caption reads:“Sometimes it seemed the sign-carriers went out of their way to wear the most inappropriate clothing. Here, for example, is a man with Soviet Union shirt who was part of a group carrying signs that demanded “Universal Human Rights” and “Dismantle Empire.” Excuse me, sir: Are you trying to look like a fool?”Click the image & review Zombie at a Giant Puppet Parade:

When one refers to “reserves” that generally translates to “proven reserves” (which can only be “proven” once Congress allows energy companies to drill where the geological surveys say there is oil to be found).

Pickens MAY (or may not) have included estimates from ANWR in his 3% figure. Since the commercial does not cite a source (an egregious omission in itself), it’s hard to know. There are several sources to choose from and each varies slightly from the other.

What we know for certain is that Pickens absolutely, positively did NOT include estimates from currently forbidden areas in the Outer Continental Shelf or forbidden areas where Oil Shale deposits are found. Neither did he include the latest estimates from the Bakken Formation or the potentials from Coal Liquefaction.

Each of the above estimates are included in the following chart.Click the chart to enlarge it.Click here to further explore the information in the chart.

Again, note that the figures from this EIA spreadsheet represent only the proven reserves and do not include the estimates of what could be recovered if the Dems in Congress would only allow production in currently forbidden areas.

Comparing the figures in this spreadsheet against the mean estimates for OCS, Coal Liquefaction and Oil Shale readily proves that Pickens CLEARLY did not include ANY of these sources of domestic hydrocarbons in his 3% figure.

Kudos to Pickens for FINALLY advocating “drill, drill, drill”. Now, if only he would STOP being so EGREGIOUS DECEPTIVE about what can be gained by “drill, drill, drill”!

If we fuel our cars with Natural Gas, what will we use to heat our homes and generate our electricity? Does anybody remember the lessons learned from the Ethanol debacle?

As this chart (from this post) demonstrates, Natural Gas is already a VERY expensive option for generating electricity.

Pickens says his plan “starts with wind”.Click here and take a closer lookat wind & the Pickens plan.

Monday, August 25, 2008

“Domestic natural gas prices have already plunged 42 percent since early July, an even faster drop in price than oil or most other commodities, in part because of the stagnant economy but also because rapid supply growth has begun to influence the market.”

With written permission from the copyright holder,the following animation shows how theelectoral vote polling data have changed over time.270 is required to win & McCain is gaining ground!Click the image to view the source:This animation should continue to update as new data come in.Henceforth, the link in my header for “TREND INFORMATION”will present this animation.Nice work Colleen!

Saturday, August 23, 2008

“The invasion of Iraq was arguably the most justified case of military action the US has ever taken in its history, based on national defense, validated intelligence and legal authority, not to mention morality. Articles of impeachment would have made more sense if Bush had not invaded.

That the exact opposite story is what a majority of Americans appear to believe, and a super-majority of non-Americans, is a scary thought. The truth has been sabotaged, and not by President Bush or his allies.”

Friday, August 22, 2008

Despite overwhelming evidence, American “Liberals” endlessly denythat there is any link between their ideology and Communism(or any number of other totalitarian ideologies rooted in Socialism).They routinely ridicule as a “Red Baiter” anyone who presents the facts.

I wonder…If the evidence comes from Time Magazine, will they applythe same ridicule to that bastion of so-called “Liberalism”?

Quoting Time Magazine on Henry Wallace(FDR’s Second Vice-President):

“[Henry Wallace] campaigned for the presidency asa candidate and captive of the Communist-dominated Progressive Party”

“Wallace came to defend Stalin's brutal collectivizationof Soviet agriculture as a great humanitarian venture”

“As Wallace stormed across the land, condemning the Marshall Plan,aid to Greece and Turkey, and U.S. resistance to Soviet pressure on Berlin,he became Pravda's favorite American.”

The AP reported that, according to the GAO study comparing tax liabilities of corporations from 1998-2005, "about 25 percent of the U.S. corporations not paying corporate taxes [in 2005] were considered large corporations, meaning they had at least $250 million in assets or $50 million in receipts." Furthermore, this claim was repeated in numerous stories.

After careful review of the AP's story, Tax Foundation economist Josh Barro found that the AP significantly overstated the number of large corporations not paying corporate taxes.

"The actual report reflects that, of the 1.26 million U.S. corporations with no 2005 tax liability, just 3,565 were large," says Barro. "That's 0.28%, which is 90 times less than the figure reported by the AP. Policymakers and the public should not be deceived by this story that misrepresents the GAO report."

Click the image &read the entire report:Anybody surprised by the usualmisinformation from so-called “journalists”?Not me!

Fatalities from terrorism have dropped by 40 per cent while al-Qaeda has faced a dramatic collapse in support throughout the Muslim world.

There has been an “extraordinary, but largely unnoticed, positive change” in the sub-Saharan African security landscape, with the number of conflicts being waged reduced by more than half between 1999 and 2006, and the combat toll dropping by 98 per cent.

A decline in the total number of armed conflicts and combat deaths around the world also continues.

Click the image& read the entire report:Anybody wonder why so-called “journalists”have been loath to report on this study?Not me!

Tuesday, August 19, 2008

“Earlier this month, the Environmental Protection Agency (EPA) rejected a request from the State of Texas to reduce the amount of biofuels that must be blended into gasoline over the next year. By rejecting the waiver request, the EPA has missed a golden opportunity to alleviate high global food prices.”

Click the image & read the rest:

My suggestion?Eliminate all the subsidies and all the mandates.Any energy source that makes economic sense will not need either one.Subsidies and mandates are an open invitation for graft, corruption,inefficiencies, market distortions, price increases and other undesirable outcomes.

Sunday, August 17, 2008

Various factors can and will raise and lower theprice of gasoline in the near term and beyond.Click the image to learn more:

Click either of the following images to get an updated assessment:

By far, the most fundamental cause of recent price spikes is nothing but demand for crude oil rising faster than the supply of crude oil.

If you want real and sustainable lower gasoline prices (and natural gas prices), the only thing required is approval from Congressional Democrats to allow us to recover the tremendous energy resources in ANWR and, better yet, The Outer Continental Shelf.

No, relief will not come overnight. It will take years. But, anybody who alleges there is any other “solution” that would come any sooner is blowing smoke up your ass for the sole purpose of getting your vote.

If Democrats had not spent the last 30 years blocking every effort to produce more domestic energy of any sort (including nuclear), energy prices would not be nearly as high as they are today.

Actually, in 1995, the Congress approved drilling in ANWR, but President Clinton vetoed it. So, if you want to blame an American President for today’s gasoline prices. Blame Clinton!

We have the domestic resources. We have the means to extract and utilize those resources without any meaningful harm to the environment. The only thing we lack is the political will on the part of the Congressional Democrats to “get ‘er done”:

"the quantity of undiscovered technically recoverable resources ranges from 66.6 to 115.3 billion barrels of oil and 326.4 to 565.9 trillion cubic feet of natural gas"

The following chart breaks down the mean estimates for the various areas of the Outer Continental Shelf. Estimates are broken out for Oil, Natural Gas and BOE (a way to measure the energy potential of the oil and gas combined):

Thus, at present levels of consumption, the Outer Continental Shelf alone could allow us to import zero oil from the Persian Gulf for as much as 137 years! Actually, our imports from The Persian Gulf have been steadily declining since 2001. Therefore, these potentials could likely last more than 137 years.

3) Furthermore, there is essentially no damage done to the environment by offshore drilling!

"Only the 1.5 million acre or 8% on the northern coast of ANWR is being considered for development. The remaining 17.5 million acres or 92% of ANWR will remain permanently closed to any kind of development. If oil is discovered, less than 2000 acres of the over 1.5 million acres of the Coastal Plain would be affected."

Yes, 1.5 million acres could be subject to initial exploration. But, once oil is discovered, only 2,000 acres would be subject to development. The entire ANWR reserve is 19.6 million acres. Therefore:

A) Less than 8% would be opened for initial exploration.

B) 1/100th of 1% would be opened for development.

5) In the near term, which is more likely to preserve our National Security during a crisis in the Middle East?

Sometime down the road we will no longer rely on petroleum as a principal energy source. But, in the near term, environmental extremism is a tremendous threat to National Security which offers no benefit to anybody (except, of course, those who profit by marketing Environmental Extremism).

Thursday, August 14, 2008

“Jordan imports 95% of its oil. Unlike the U.S., the desert kingdom plans on doing something about it. It does not, however, plan to cover its flat open spaces with solar panels or wind farms. It's going to do something the Democratic Congress has refused to do — get oil from its abundant shale rock.”

Click the image and compare ourOil Shale resources against Jordan’s:I personally created and uploaded the above chart.The data used in the above chart are found inthis document downloaded from this source.